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Re: bones1420 post# 5851

Sunday, 07/23/2006 4:48:30 PM

Sunday, July 23, 2006 4:48:30 PM

Post# of 14027
Naked Short is a hot button issue with Seneate Banking Commnitte and SEC. There were several articles in Wall Street Journal regarding this matter and a class action suit filed against several Brokerage houses including some major comapnies.

Don't assume the government isn't trying do something. This battle can drag on for years. I think they're trying to keep this battle under the radar because if it ever becomes mainstream news, it would collapse the equity market. We would see the worst collapse of the stock market in U.S. History.